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House 167 м² in Sutomore, Montenegro

414 992 $

2 484 $ /м²

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Area

167 м2

Bedrooms

4

House in Bar. City - Sutomore

description

A house is for sale in Sutomore, just 100 meters from Malibu beach.
The area of the house is 167 m2, the plot is 300 m2.
Two residential floors: living room, spacious kitchen with dining room, 3 bedrooms, 2 bathrooms, dressing room and laundry room. There is a storage room and a separate utility room.
On the roof there is a spacious terrace with panoramic sea views. Manicured green garden, recreation area and private parking.
A quiet place for life and recreation. The house is fully legalized.
Price: 370,000 euros.

Additional details

Property type

Residential Properties

Number of rooms

4

Object type

House

Price

414 992 $

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Sutomore; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Sutomore short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (414 992 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Sutomore: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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